Economy

Would you buy stock in Eminem songs?

Would you buy stock in Eminem songs?”

If they're successful in getting the idea off the ground, punters will be able to buy a minimum of 150 shares for $2,250 United States dollars, and once the company has raised $11 million USD they'll be listed on the public stock exchange meaning literally anyone will be able to buy, sell and trade in Eminem's music.

Eminem's former producers are selling 15 per cent shares in the rapper's back catalogue.

If approved, buyers will be able to buy and sell their shares via a system similar to the stock exchange.

Proceeds will be used to buy up to 25 percent of Eminem music royalty rights from the Bass brothers, who discovered and signed the artist in 1995.

The minimum investment is expected to be $2,250 for 150 shares, and the company has set a fund-raising target of $11 million to $25 million.

You know how you've always wanted to buy stock in Eminem? "The decision to offer the royalty stream for sale or otherwise was made independently by a third party who retains royalties for an early portion of his catalog and Eminem was not consulted".

"Royalty Flow gives investors the opportunity to participate in assets that are uncorrelated with public markets, and directly benefit in the music industry's growth", Matthew Smith, CEO of Royalty Exchange and Royalty Flow's Chairman, shared in a statement. It covers many of his most notable albums including "The Slim Shady LP", "The Marshall Mathers LP" and "The Eminem Show". "It also gives thousands of artists, producers, labels, songwriters, publishers, and other rightsholders who contribute to the success of the superstars they work with access to on-demand financing options with the kind of flexibility seldom found in the music industry".

Even in a world of crowdfunding, initial coin offerings and blockchain, buying Eminem equity certainly takes the notion of "alternative finance" to a new level.



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